Banks
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Business News
IPA for better banking in Malawi
Innovations for Poverty Action (IPA) and Bankers Association of Malawi (BAM) last week organised a two-day conference in Lilongwe to…
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Business News
Lombard facility access peaked at K11.5bn in June
Commercial banks starved of liquidity borrowed K11.5 billion in June through the Lombard facility, a rise of 56 percent from…
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Business News
Banks’ liquidity improves, hits K7bn
Liquidity levels are fast picking up on the market, averaging K7 billion from K5.37 billion the week before, showing that…
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Business News
Economists back bank rate cut
The Economics Association of Malawi (Ecama) and a professor of economics at Chancellor College have separately welcomed the Reserve Bank…
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Business News
Government credit from banks rises 37 percent
Government credit from commercial banks rose by K66.7 billion, about 37 percent, to K245.8 billion in April compared to the…
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Business News
Banks ready to support Mtalimanja rice project
Mtalimanja Rice Project chief executive officer Richard Kamchacha has disclosed that three commercial banks have shown interest to fund the…
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Business News
Election stand-off worries commercial banks
Commercial banks in the country are anxious about the current political stalemate which they fear could worsen the business environment…
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Business News
Commercial banks borrow K27.5 billion
Commercial banks borrowed K27.5 billion on the interbank market—from the Reserve Bank of Malawi (RBM) and other commercial banks—according to…
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Business News
Depositors’ protection scheme in the offing
Malawi Government has plans to protect “small and unsophisticated depositors” through the establishment of a deposit insurance scheme (DIS) to…
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